Find out today's USDA Rates in Manitou Springs Colorado - Your path to 100% mortgage loan financing.
The USDA Rural Guaranty home loan program in Manitou Springs CO and surrounding areas remains one of the best financing options available today. Combine 100% home loan financing with low monthly mortgage insurance, and you will be ensured a low payment on your new Colorado home purchase.
Check out some of the highlights of the USDA Rural Housing program:
Check Manitou Springs CO USDA Rates Here
- Property must be located in a small town or rural area. You can check the eligibility of your home at the USDA eligibility website, just input your home address: http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do?pageAction=sfp&NavKey=property%4011
- No down payment is required - you can still get 100% financing.
- Household income limits do apply.
- Make-sense underwriting standards. We can help you determine if your credit meets the standards.
- Stable, fixed, 30 year terms and low rates you can rely on.
- Low monthly mortgage insurance (.30% of loan amount each year as of July 2013). USDA offers a series of credits that can help you qualify. These credits are based on if you have to pay child care or have any dependents under 18 years of age. The Home Buyer Tax Credit or Colorado MCC can also save you more money; on average, an additional $100+ off your mortgage interest, but you must work with a lender who is approved for this great program.
It is also very important to work with a lender who provides "in house" USDA underwriting and funding. There are many aspects of USDA loans that are different than other types of loans, so working with a lender who understands the program is critical to a hassle free, on-time closing.
To obtain more information about Manitou Springs Colorado USDA Mortgage Loans or to find out your USDA Mortgage Rate for Manitou Springs Colorado, please contact RJ Baxter at 303-670-0137.
Comments (0)Subscribe to CommentsComment